Activist investor Starboard acquires stake in Match Group, owner of Tinder, Match, and OkCupid.

Activist investor Starboard has taken a stake in Match Group, which owns dating platforms including Tinder, Match, and OkCupid. Starboard has a strong track record of improving operational efficiency and margins, with an average return of 25.46% versus the Russell 2000. Possible steps Starboard may take to lift Match shares include focusing on operational efficiency, margin improvement, and potentially implementing a strategic plan.